Maximising The Value of Your Fixed Recoverable Costs Work.

Verus UK’s objective is to help firms maximise their profitability and cash generation.

We do this by identifying and benchmarking your current performance across a range of Key Performance Indicators (KPI’s), help set challenging (but achievable) goals and then build these in to a detailed financial budget and business plan against which on-going performance can be measured.

Use our FREE OF CHARGE Fixed Costs Calculator to calculate the average of your Portal and non-Portal costs for each case type.

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About Verus Fixed Costs Calculator.

Verus Fixed Profit Costs Calculator will:

  • Identify your average profit costs by case type based on where your cases currently settle in the fixed costs process;
  • Benchmark the results against the best performing firms in the sector and;
  • Quantify the potential for increasing profit costs through the “aggregation of marginal gains”
  • Facilitate sensitivity analysis around key variables.

Watch the video to see how Verus Fixed Costs Calculator works (2 mins)

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Enter The Data, And Verus Will Prepare Your Report.

  1. Enter your data in to the Calculator
  2. Prepare a bespoke report based on the Online Calculator outputs
  3. Meet with you to present the report and;
  4. Demonstrate the Calculator by running a series of sensitivities and reviewing their impact

ALTERNATIVELY download and return your completed Sheet to davidw@verusuk.com

Verus Fixed Costs Calculator Data Input Sheet
Verus Fixed Costs Calculator Data Input Sheet

What Will Your Report Include?

1. CURRENT PERFORMANCE SUMMARY

This identifies;

  • average profit costs by case type based on where cases are currently settling in the fixed costs process
  • target average profit costs per case
  • the potential annualised improvement in total profit costs based on your current monthly case settlements
Verus Fixed Costs Calculator - Current Performance Summary
Current Performance Summary - Click image to enlarge

2. Breakdown of potential annualised improvements

This identifies;

  • current performance by stage of settlement
  • comparison with benchmark performance
  • potential for improvement at each stage
Verus Fixed Costs Calculator
Breakdown of potential Annualised Improvements - Click image to enlarge

3. Impact of improving lead conversion rates

  • The Calculator quantifies the impact of improving lead conversion rates
  • It identifies the aggregated effect of improving conversion rates and increasing average profit costs per case
  • Improving lead conversion rates will result in an increase in profit costs and a reduction in the effective cost per case
Verus Fixed Costs Calculator - Current Performance Summary
Impact of Improving Lead Conversion Rates - Click image to enlarge

Verus UK LLP can help your Firm realise it’s future potential and achieve higher performance. Telephone 0844 249 4168